Orient Tours plans to invest USD 200 mn in Egypt’s tourism sector in the near future, CEO Remon Naguib told Asharq Business. The expansion plan by the tourism arm of financial services and advisory group Bayt El Khebra includes the renovation of two hotels, the development of the company’s Nile cruise fleet, and the construction of a new water park.

The breakdown:

#1- Orient Tours will invest USD 150 mn to renovate two recently acquired hotels in Hurghada. The two properties will offer a combined capacity of 1.5k rooms and are expected to open by next winter.

#2- The company will also develop a USD 31 mn water park in Hurghada, slated to open in October. The park will feature water-heating technology, allowing for year-round operation.

#3- Orient Tours will invest USD 18 mn to renovate three Nile cruise boats set to launch starting next year. The Royal Romance, which has 75 cabins, is expected to begin operating this winter. The Bliss Giza, formerly known as Blizzard, will feature 32 hotel suites and is scheduled to launch next summer. The Grand Sun, offering 65 cabins, is slated to open in summer 2026.

REMEMBER- Egypt’s tourism sector is on an upswing in 2025, with revenues rising 22% y-o-y to USD 8 bn in 1H 2025. Inbound visitor numbers also saw a 24% increase, reaching 8.7 mn over the same period. The government is aiming to attract 18 mn tourists by the end of the year.